Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Russ

You might be surprised to know that I am not entirely in disagreement with SLATE.

Compare the USA with most countries in the world ( even the so-called prosperous countries in Western Europe ) and you will see that we have it within us to recover from this recession.

And all signs point to an economy that is starting to pick itself up from the doldrums. This is DESPITE what this administration is doing.

So, I believe the economy will grow even with Obama’s damaging policies. But I will add two caveats :

1) It will grow MORE SLOWLY that what it would have because of all these business killing taxes, government control and regulations being added. But grow she will.;

2) Job growth will be VERY TAME. Don’t expect unemployment to reach the levels of what it was during the time of Bush, Clinton or Reagan. Which is BAD NEWS for the long term unemployed and for young people looking for work.


28 posted on 04/12/2010 6:43:12 AM PDT by SeekAndFind
[ Post Reply | Private Reply | To 26 | View Replies ]


To: SeekAndFind
You are also unaware that all those new workers coming into working age have fewer jobs to go to than the number of young people who are coming of age.

There are now record numbers of kids still living at home with their parents when they should be out on their own.

They now include temporary work as if it were a full time career/job in their statistics, to make the numbers look better.

>>SeekAndFind wrote:
You might be surprised to know that I am not entirely in disagreement with SLATE.<<

(No surprise here.)

38 posted on 04/12/2010 7:08:46 AM PDT by PSYCHO-FREEP ( Give me Liberty, or give me an M-24A2!)
[ Post Reply | Private Reply | To 28 | View Replies ]

To: SeekAndFind

Yes, we can recover from the recession even with a huge drag like Obama. However the recession could have been ended already if the right president were in place. And Obama hasn’t even begun his most anti-business (cap and trade) policies yet.


46 posted on 04/12/2010 7:28:21 AM PDT by driftless2 (for long term happiness, learn how to play the accordion)
[ Post Reply | Private Reply | To 28 | View Replies ]

To: SeekAndFind
Let me add a prediction for your crystal ball... there will be millions of small businesses going out of business in the next year... you need to add those losses and the job losses incurred from these closures into your mix. Credit is not the problem... we only hire when we have enough business to make it necessary for us to need additional employees... and that is a rule that even marx couldn't overcome.

LLS

52 posted on 04/12/2010 7:55:10 AM PDT by LibLieSlayer ( WOLVERINES!)
[ Post Reply | Private Reply | To 28 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson